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A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 Which of the following is TRUE P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant

A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 Which of the following is TRUE P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
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A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Which of the following is TRUE Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant
Transcribed Image Text:A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Which of the following is TRUE Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant
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